Vacant Commercial Property LOT 113

20 Erskine Street, Dundee, DD4  6RQ
GUIDE PRICE

Deadline for Offers

16 April 2021, 4pm

Bidding Closes in

Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 20 Erskine Street, Dundee, DD4  6RQ

FANTASTIC DEVELOPMENT OPPORTUNITY. Former Lyon Bar with FULL PLANNING PERMISSION for 4 Bedroom Flat in popular residential area of Dundee, close to City Centre.

FULL PLANNING APPROVED for conversion to 4 bedroom Flat with garden space to the rear. On street parking available. Planning Reference 20/00365/FULL. Excellent Development Opportunity***

Perfect Rental Property within close proximity of City Centre. REALISTIC RENTAL POTENTIAL for 4 bedroom properties in this area of £1,500PCM (£18,000P/A) - upon completion of renovation works.

Sure to appeal to Builders and Developers looking for an affordable investment with the potential of High returns.

The property is located at the corner of Erskine Street and Lyon Street. Well placed for all local amenities, shopping, schooling, travel links and access to Dundee and Abertay Universities.

FANTASTIC DEVELOPMENT OPPORTUNITY. Former Lyon Bar with FULL PLANNING PERMISSION for 4 Bedroom Flat in popular residential area of Dundee, close to City Centre. FULL PLANNING APPROVED for conversion to 4 bedroom Flat with garden space to the rear. On street parking available. Planning Reference 20/00365/FULL. Excellent Development Opportunity*** Perfect Rental Property within close proximity of City Centre. REALISTIC RENTAL POTENTIAL for 4 bedroom properties in this area of £1,500PCM (£18,000P/A) - upon completion of renovation works. The property is set over ground and basement level - Large internal floor space. EXCELLENT POTENTIAL. Sure to appeal to Builders and Developers looking for an affordable investment with the potential of High returns. Well placed for all local amenities, shopping, schooling, travel links and access to Dundee and Abertay Universities. Dundee sits on the north bank of the Firth of Tay 36.1 miles to Edinburgh. The property is located at the corner of Erskine Street and Lyon Street, a short distance off Albert Street, approximately half a mile north-east of Dundee city centre. This is a mixed residential and commercial area, densely populated with tenement style properties predominating and with a good mix of commercial units serving the local neighbourhood.

The property is located at the corner of Erskine Street and Lyon Street, a short distance off Albert Street, approximately half a mile north-east of Dundee city centre. This is a mixed residential and commercial area, densely populated with tenement style properties predominating and with a good mix of commercial units serving the local neighbourhood. Dundee is Scotland’s fourth largest city with a population of approximately 145,000, and an estimated catchment population of approximately 340,000. The city is the administrative and commercial centre for the Tayside area and is well served by an excellent communications network.

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Location

Pricing Information & Bidding

Guide Price: £65,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 16 April 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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